Carat Weight - Tanzanite Prices Per Carat (2013-2014)
TANZANITE UPDATE NOV 2014 - Prices of Tanzanite Expected to Rise
Steve Moriarty just returned from his trip to Tanzanite in November 2014 (See the whole trip here). Prices of tanzanite were at exceptionally high levels in Arusha Tanzania and at the mines in Merilani during my November 2014 trip.
Recent changes at Tanzanite One, the largest mechanized tanzanite mine are the cause of the tanzanite shortage. The Tanzanian Government has taken a larger share of the production of "block C" operated by Richland Resources the parent company of Tanzanite One. Up from 10% to 50% share the Tanzanian Government has stepped in to stop illegal mining from claims bordering block "C".
Much of the production of Tanzanite was coming from mines surrounding Tanzanite One's claim. These mines were digging down and then cutting over into the highly productive claim of Tanzanite One. With cooperation from their new partner the Tanzanian Goverment, the military was sent in to close down the illicit mining which has caused the current shortage of Tanzanite.
Currently carat weight has less affect on tanzanite than on other gems like ruby, sapphire, emerald or diamond. If Tanzanite One Group (Learn more about them) gets more control of the market they have plans to change the pricing structure more like that of diamonds which are more affected by size and quality. China has been showing more interest in Tanzanite and with the vast market in China growing demand could have dramatic effects on the price and availability of Tanzanite. We are currently in 2013 seeing the following approximate price breaks in our inventory. Prices of Tanzanite change quickly and dramatically. Tanzanite showing a noticable green component will be priced significantly less. These are our approximate selling prices in the first chart and our actual prices verses those of our online competition in the second chart.
Prices Per Carat for Very Good to Good Cut and Si1 to VS Clarity
Example: A 2.00ct. exceptional tanzanite at $600 per carat would cost $1200.
AAA+ is Exceptional Color ~ AAA is Vivid Color ~ AAA/AA is Intense Color ~ AA is Moderate Color ~ A is Light Color
3.00ct & Up
Exceptional Cutting add 5%-10% Fair to Poor Cutting subtract 20%-50%
Exceptional Plus Color add 10%-15% over exceptional gems.
TanzaniteJewelryDesigns.com Prices Per Carat Vs. Competitors
The following tanzanite price table is based on a comparison of finer triple a, (AAA) tanzanites which include stones with intense, vivid and exceptional colors from seven of the top ranked tanzanite sites on a google search for tanzanite gemstones. The stones compared were selected for the appearance of finer color and high clarity. Because of the limited availability of fine cut gems, cutting quality was not part of the criteria for comparison although we feel it is as important as color and clarity.
Prices are based on size ranges with the highest and lowest per carat price or the seven top competitors as well as the average price of all stones sampled are compared to the comparable stones on our website. The number of stones compared in the sampling is also listed. Not all of the sites compared had stones in each size category with a AAA quality. Only in the smallest sizes under 3/4 carat are our prices higher due to higher quality cutting which reduces yield and increases labor costs.